A manufacturer of a consumer electronics products expects 0.02 of units to fail

Question

A manufacturer of a consumer electronics products expects 0.02 of units to fail during the warranty period. A sample of 500 independent units is tracked for warranty performance.

a. What is the probability that none fails during the warranty period? -  Round your answer to four decimal places

b.  What is the expected number of failures during the warranty period? - Round your answer to the nearest integer.

c. What is the probability that more than two units fail during the warranty period? -  Round your answer to four decimal places

Explanation / Answer

A.) 98.0198%

B.) 0

C.) 0.0001%

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